INDIABULLS REAL ESTATE LTDTechnicals:
Pattern breakout entry.
targets - 145 & 192.
Long term targets - 428.
Positives -
Rakesh Jhunjhunwala's RARE enterprises bought 50lakh shares.
IBREALEST
IBREALEST buy 69.30/- Stoploss 63.30/- Target OpenIBREALEST buy 69.30/- Stoploss 63.30/- Target Open
IBREALEST #SELL 86.86 & #BUY ABOVE 91.65INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 16th)
IBREALEST #SELL 86.86 & #BUY ABOVE 91.65
Key LevelLooking at the chart in a macro view. Stock should correct near its key level. Solid Financial reports may produce a different story.
BULLISH WOLFE WAVE IN IBREALESTBullish wolfe wave pattern is formed in IBREALEST .
As a investment strategy stock can be bought at current level for a target level around 250 in Medium Time frame.
Price action higher high and higher low is also generating positive confirmation for the script.
IBREALST Range BreakoutIBREALST has been moving in a range for six months now. currently on the edge awaiting a breakdown /reversal
IBREALEST Triangle BreakoutIBREALEST is moving in a traingle for 6 months now. The wicks are spot on the trentline. The last testing of trendline cudnt push it high enough, and its back on the edge. Awaiting a breakdown or reversal. Its closing towards 200 ema.
IBREALEST symmetric triangle setupIBREALEST entry is as follows.
Buy above 245
Short below 201
Targets and SL will updated once trade is active
Indiabulls Real Estate SHORT setup - Hunt with tRexShort IBREALEST at 221
T1: 214
T2: 206
T3: 197
SL: 228
India Bulls Real estate BUY setupBuy IBREALEST upon re entering into the channel.
Buy above 248
T1: 266
T2: 280
SL: 235
IBREALEST - Symmetrical Triangle Brake-outNSE:IBREALEST Symmetrical Triangle formed in four hour chart. One can think to buy the stock above the Brake-out levels with a target of 254.8, sl 194.3
Multi year top reached & retracement from 0.786, Cup patternCup & handle pattern is under making & after breakout it will give good returns. One can add if closing above 220+ on daily basis. Sl would be 180.
IBREALEST - Weekly Watchlist #1I will be looking for long opportunities in the stock.
I expect it to move further up.
Don't make long positions below the trend line.
Above it, it's still strong.
